Millions of homes could flood the US housing market thanks to boomers

Tech Insider : Economy

Baby boomers dominate America's housing market. But as they age out, millions of homes will be up for grabs, and Gen Z is poised to benefit.

Markets are eyeing a June rate cut. Here's what Fed officials have said on policy, jobs, and inflation that point to the next steps.

Tech Insider : Economy, Economy
Fed Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks at the Economic Club of New York.

AP/Mark Lennihan

One way to help American homebuyers? Do what the Dutch do.

Tech Insider : Economy
Homes along a canal in Amsterdam.
Dutch-style mortgages offer something American mortgages don't: automatically lower interest rates as the loan is paid off.

Yasonya/Getty Images

Buying a new car could cost you $7,600 a year on top of the sticker price, nearly double a decade ago

Tech Insider : Economy
A mother pumping gas into a car.
Gas is just one of the costs of owning a car.

Shannon Fagan/Getty Images

Joe Biden's pre-election spending spree created an 'economy on speed,' economist says

Tech Insider : Economy, Economy
Joe Biden
Joe Biden faces a November election.

Chip Somodevilla/Getty Images

Fed Chairman Jerome Powell could wind up deciding the presidential election

Tech Insider : Economy, Politics, Economy
Photo Collage featuring Jerome Powell holding a scale. On one side of the scale is a picture of Donald Trump, and on the opposite side is an image of President Biden,

Chip Somodevilla/Getty Images; Matt Rourke/AP; Sarah Silbiger/Bloomberg via Getty Images; Alyssa Powell/BI

How the Canadian mortgage model could help unfreeze the housing market

Tech Insider : Economy, Economy
house for sale sign
Many homeowners are reluctant to lose cheap mortgage rates by moving house.

Getty Images

'Shark Tank' star Barbara Corcoran once made $1.2 million offloading 88 'dumpy' apartments in under 3 hours by treating them like puppies for sale

Tech Insider
Barbara Corcoran Ignition 2018.JPG
"Shark Tank" star Barbara Corcoran.

Jin S. Lee/Business Insider

We got a 2.6% mortgage rate this year to buy our first home. Here's how we did it.

Tech Insider
Grace Lucchese, Mickey Ricard, and their dog in front of home.
Grace Lucchese and Mickey Ricard scored a low mortgage interest rate for the house outside Boston they bought in January.

Courtesy of Grace Lucchese

A real estate CEO predicts hundreds of banks will fail or be taken over by 2026

Tech Insider : Economy, Economy
A customer stands outside of a shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation.
Silicon Valley Bank collapsed last year.

Justin Sullivan/Getty Images

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